Top Robotics Market Expansion Continues, with Forecast Valuation of $308.82 Billion by 2029

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Top Robotics Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The size of the leading robotics market has seen swift expansion in the past few years. The projections indicate an increase from $128.54 billion in 2024 to $153.49 billion in 2025, marking a compound annual growth rate (CAGR) of 19.4%. This impressive growth during the historic period is due, in part, to an increased focus on reducing human error, governmental policies promoting the use of robotics, a skyrocketing demand for industrial robots, and their growing applications in both industrial and domestic sectors, further stimulated by labor shortages.

Top Robotics Market Size Forecast: What's the Projected Valuation by 2029?
Over the upcoming years, the leading robotics market is predicted to experience swift expansion. By 2029, this market is expected to reach a value of $308.82 billion, with a compound annual growth rate of 19.1%. The expected growth during this forecasted period is due to the increased demand for cleaning robots, governmental support to address labor shortage, the rise in e-commerce and logistics, the broader application of robots in healare, and emphasis on sustainability and minimizing carbon footprint. Key trends within this projection period encompass collaborative robots or cobots, advancements in artificial intelligence, industrial automation, humanoid and social robots, as well as robotics as a service, also known as RAAS.

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What Are the Drivers Transforming the Top Robotics Market?
The predicted expansion of the top robotics market in the coming years is expected to be driven by the increased utilization of robots in the logistics industry. Logistics essentially refers to the comprehensive process of procuring, storing, and delivering assets to their ultimate destinations. The use of robotics in logistics not only provides human operators with the ability to remotely monitor and control robotic operations but also leads to reduced logistics expenses, faster cargo readiness, and enhanced delivery accuracy. As reported by the International Federation of Robotics, a non-profit US-based organization committed to fostering and safeguarding the robotics industry, there was a 1% increase in robot sales in the automotive sector, with an unprecedented 14,678 robots installed in 2023. This was a noteworthy growth following a 47% surge in installations in 2022, culminating in 14,472 units.

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Which Fast-Growing Trends Are Poised to Disrupt the Top Robotics Market?
The onward march of technological advancements is significantly influencing the landscape of the premier robotics market. These advancements have licensed manufacturers to utilize lightweight robots that can handle varied tasks, thereby boosting productivity levels. Emerging technologies like artificial intelligence and machine learning have been integrated into robots, replicating human intelligence and assisting in tasks traditionally performed by humans. Illustrating this, ABB Robotics, a company in Switzerland that provides robotics and machine automation, unveiled its next-generation robotics control platform, OmniCore, in June 2024. Tagged as an intelligent automation platform, OmniCore is quicker, more accurate, and more sustainable, designed to empower, enhance, and futureproof businesses. It represents a formidable shift towards a modular and futureproof control architecture, which facilitates seamless integration of AI, sensor, cloud, and edge computing systems, thereby fostering the development of the most advanced and autonomous robotic applications.

Which Segments in the Top Robotics Market Offer the Most Profit Potential?
The top roboticsmarket covered in this report is segmented -

1) By Type: Top Industrial Robotics, Top Services Robotics
2) By Application: Handling, Welding And Soldering, Assembling And Disassembling, Dispensing, Other Applications
3) By End Use Industry: Automotive, Electrical And Electronics, Metals And Machinery, Food And Beverages, Pharmaceuticals And Cosmetics, Other End Use Industries

Subsegments:
1) By Top Industrial Robotics: Articulated Robots, SCARA Robots, Delta Robots, Collaborative Robots (Cobots), Cartesian Robots, Welding Robots, Material Handling Robots
2) By Top Services Robotics: Healare Robots, Cleaning Robots, Logistics And Warehouse Robots, Agricultural Robots, Security And Surveillance Robots, Educational Robots, Companion Robots

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Which Firms Dominate the Top Robotics Market by Market Share and Revenue in 2025?
Major companies operating in the top robotics market include ABB Ltd., The Yaskawa Electric Corporation, FANUC Corporation, KUKA AG, Kawasaki Heavy Industries Ltd., Nachi-Fujikoshi Corp., Honda Motor Co. Ltd., Mitsubishi Electric Corporation, Denso Corporation, Seiko Epson Corporation, Universal Robots, Omron Adept Technology Inc., Stäubli, Comau, Yamaha Motor Co. Ltd., ST Robotics, CMA Robotics S.P.A., Daifuku Co. Ltd., Neato Robotics, SoftBank Robotics Group Corp., GE Inspection Robotics AG, Starship Technologies, Nuro Inc., Intuitive Surgical Inc., Dürr AG, igm Robotersysteme AG, Franka Emika GmbH, iRobot Corporation

Which Regions Offer the Highest Growth Potential in the Top Robotics Market?
Asia-Pacific was the largest region in the top robotics market in 2024. The regions covered in the top robotics market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

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